Welcome to my course – Basics of microeconomics : Theory of Consumer Behavior.
Microeconomics has three components –
1) Consumer behavior
2) Producer behavior
3) Price determination.
We will cover the theory of consumer behavior in which we will study how consumers make buying decisions.
This course has 12 lectures and 1 hour of content
We will discuss the following concepts :
Total utility, marginal utility, indifference curve, indifference map, consumer’s budget and consumer’s equilibrium.
This course starts from the basics and assumes you have no background in Economics.
If you have a desire to learn economics then this course is for you.
Lets get started..!
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